Ripple correction finish for the next up move

Hi everyone:

Ripple has completed its correctional phase, and is shaping up for another buy opportunity.

We can see price formed a larger continuation correction after a strong impulse phrase to the upside.

An Inverse Head and Shoulder pattern formed, and a confirmation breakout from the larger structure.

I would pay close attention now for this right shoulder to form into a continuation correction and look for the previous highs as a potential target.

Thank you

評論: